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Monday, August 22, 2016

National Bank of Malawi resuscitates development bank plans | The Times Group

National Bank of Malawi resuscitates development bank plans | The Times Group: "National Bank of Malawi (NBM) has outlined plans to establish a development bank after it completes the integration process with Indebank.

NBM bought 97.05 percent stake in the then government owned Indebank, after the latter failed to meet the Reserve Bank of Malawi’s (RBM) set minimum regulatory Capital and Liquidity Requirement."



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